Mark D. Curtis Sells 1,800 Shares of First of Long Island Corp (FLIC) Stock

First of Long Island Corp (NASDAQ:FLIC) insider Mark D. Curtis sold 1,800 shares of the stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $28.13, for a total value of $50,634.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

First of Long Island Corp (NASDAQ FLIC) traded up $0.30 during trading hours on Wednesday, hitting $28.35. The company’s stock had a trading volume of 36,282 shares, compared to its average volume of 48,131. First of Long Island Corp has a 1 year low of $25.60 and a 1 year high of $33.50. The stock has a market cap of $705.52, a PE ratio of 19.83 and a beta of 0.72. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 1.24.

Several large investors have recently added to or reduced their stakes in the business. Wells Fargo & Company MN raised its holdings in shares of First of Long Island by 1.4% in the 2nd quarter. Wells Fargo & Company MN now owns 53,590 shares of the bank’s stock valued at $1,533,000 after acquiring an additional 734 shares in the last quarter. Voya Investment Management LLC raised its holdings in shares of First of Long Island by 17.3% in the 2nd quarter. Voya Investment Management LLC now owns 11,021 shares of the bank’s stock valued at $315,000 after acquiring an additional 1,628 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of First of Long Island by 55.3% in the 4th quarter. SG Americas Securities LLC now owns 5,336 shares of the bank’s stock valued at $152,000 after acquiring an additional 1,901 shares in the last quarter. Parametric Portfolio Associates LLC raised its holdings in shares of First of Long Island by 22.5% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 12,742 shares of the bank’s stock valued at $364,000 after acquiring an additional 2,344 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of First of Long Island by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 193,141 shares of the bank’s stock valued at $5,504,000 after acquiring an additional 2,502 shares in the last quarter. 53.37% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts recently issued reports on the company. BidaskClub raised First of Long Island from a “sell” rating to a “hold” rating in a report on Friday, February 2nd. Zacks Investment Research raised First of Long Island from a “hold” rating to a “buy” rating and set a $32.00 price objective on the stock in a report on Wednesday, January 3rd. ValuEngine cut First of Long Island from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Finally, Sandler O’Neill set a $33.00 price objective on First of Long Island and gave the stock a “buy” rating in a report on Wednesday, January 3rd. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $31.33.

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About First of Long Island

The First of Long Island Corporation is a one-bank holding company. The Company provides financial services through its subsidiary, The First National Bank of Long Island (the Bank). Its services include account reconciliation services, bank by mail, personal money orders, bill payment, remote deposit, cash management services, safe deposit boxes, collection services securities transactions, controlled disbursement accounts, signature guarantee services, drive-through banking, merchant credit card services, and investment management and trust services.

Insider Buying and Selling by Quarter for First of Long Island (NASDAQ:FLIC)

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